Jackson, Mississippi Lender Lends Money to Tire Dealers Company

Thinking about meeting with a Jackson, Mississippi bank about a small business loan? Here's one Mississippi business loan, issued by a Jackson bank, that was approved by the SBA.

Applying for an SBA loan with Trustmark National Bank worked out well for our friends at one local business in Jackson, Mississippi. They got an SBA loan for $60,600. Awesome!

SBA Loan Borrower

COMPANY TYPE: TIRE DEALERS
JACKSON, MS 39204

SBA Loan Lender

TRUSTMARK NATIONAL BANK
248 E CAPITOL ST
JACKSON, MS 39201

This bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

441320 - Tire Dealers

Loan Approval Date

7/21/2003

Loan Approval Gross Amount

$60,600

Loan Approval from the SBA

Of the total $60,600 loan amount, the SBA guaranteed $30,300.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 8 employees. The SBA loan documents did not indicate that the small business planned to use the funding to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

This SBA loan was for $60,600. How would you spend $60,600 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

Related Links:

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Getting an SBA Loan in Mississippi